30 Jan

Iranian SMEs receive $1.9b in Loans in 10 Months

Iranian SMEs receive .9b in Loans in 10 Months
As many as 11,232 small- and medium-sized enterprises have received an aggregate of 79 trillion rials ($ 1.97 billion) in loans during the 10 months to January 19, 2017, according to the chairman of Iran Small Industries and Industrial Parks Organization.

Growing Demand for FSA Loans in 2016 Shows Importance of Credit
Whether a farmer’s goal is to start up a new operation, expand their farm, or simply maintain their current production, farming is a demanding and capital intensive business. What’s more, this demand is often exacerbated by the high levels of risk and …

Banks’ bad loans hit N856.9b, says report
Banks’ assets have depreciated in the last two years, with provisions for Non Performing Loans (NPLs) hitting N856.9 billion, a financial market report has said. The report by the investment and research firm Afrinvest West Africa Plc was released yesterday.
The Nation

Ondo will soon become foodbasket of Nigeria, says Mimiko
Aside from the four agro-business cities in Ore, Auga, Epe and Isuada, he disclosed that his government also disbursed soft loans to farmers with agricultural inputs to ensure food security. Speaking on the newly completed abattoir, the governor said it …
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